A ________ is the analysis of the differences between the predicted and the actual performance of a business.

Question

Quizplus · Accepted Answer

Deviation analysis is the process of comparing actual performance with planned or predicted performance to identify any deviations or variances. This analysis enables businesses to identify areas where their performance is not meeting expectations and take corrective action. Gap analysis (B) is the process of identifying the gap between the current state and the desired state of a business. Margin analysis (C) is the process of analyzing the difference between revenue and the cost of goods sold to determine the profit margin. Profit analysis (D) is the process of analyzing the profitability of a business, product or service. While all of these analyses are important, none of them specifically address the comparison of predicted performance vs actual performance, which is the focus of deviation analysis.

A ________ Is the Analysis of the Differences Between the Predicted